Refuting the ECB - The 9 Characteristics That Make #Bitcoin #Money

While it is difficult to refute their exact points since the soundtrack is not included, it does raise an interesting question of how the properties of bitcoin compares to fiat and gold. There are nine distinct characteristics of money: scarce, durable, portable, divisible, easy to recognize, easy to store, fungibile, hard to counterfeit, and widespread use. At first glance, bitcoin has a significant advantage over fiat currencies and gold in many of these, and this will be even more obvious after a further examination.